Mario Gabelli on MSG & Joseph Stiglitz on the Trump Economy 2/19/26

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 19 February 2026

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

OpenAI is nearing a $100B+ fundraise, Meta’s Mark Zuckerberg testified at a landmark social media addiction trial in California, and Andrew Mountbatten-Windsor has been arrested on suspicion of misconduct tied to Jeffrey Epstein. Legendary media investor Mario Gabelli discusses the Netflix-Paramount battle for Warner Brothers Discovery’s film and media assets. Plus, as an MSG shareholder, Gabelli weighs in on MSG’s exploration of splitting the Knicks and the Rangers. Two-time Nobel Prize-winning economist Joseph Stiglitz shares his perspective on President Trump’s economic agenda, including the impact of tariffs on inflation and consumer sentiment. Happy Birthday, Andrew! Mario Gabelli - 12:40 Joseph Stiglitz - 27:01 In this episode: Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music, please.
0:03.0	This is Squawk Pod, and I'm CNBC producer Cameron Costa.
0:08.0	On today's episode, first, the biggest headlines.
0:13.0	Open AI is nearing a $100 billion fundraise.
0:18.0	Mark Zuckerberg took the stand in a social media addiction trial in California, and Andrew
0:24.8	Mountbatten Windsor, formerly Prince Andrew, arrested.
0:30.5	Plus the big media deal on the table.
0:33.5	What's to become of Warner Brothers Discovery, Netflix, and Paramount, with legendary media investor Mario Goelli.
0:41.6	Netflix, according to him, might not win the deal.
0:45.3	The stock at $80 is oversold.
0:48.6	Where each asset and shareholder money lands when the dust settles.
0:53.8	This is terrific.
0:55.0	My clients own Warner Brothers.
0:56.5	We own a little bit of Netflix.
0:58.0	We're thinking about adding to it.
0:59.0	We obviously own some Paramount, not a lot.
1:03.0	Then two-time Nobel Prize winning economist Joseph Steiglitz.
1:09.0	He's taking a hard look at the Trump administration's economic progress.
1:13.6	The whole idea was to bring back manufacturing jobs to the United States.
1:20.6	You know this happen to jobs in manufacturing in the last year?
1:23.6	They're down. They're down. Did he succeed?
1:26.6	Might be a lag. It might be a lag. But they're down. It're down. They're down. Did he succeed? Might be a lag.
	...

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